This article about the current financial crisis is the best I have seen so far. The explanation on the cause and possible outcome provides some excellent points.
Some markets might rebound earlier than the others, according to smartymonty.com. They are Seattle, Des Moines, Raleigh, Salt Lake City, Philadelphia, Birmingham, Denver.
What do you think?
FBI officials Tuesday disclosed complaints of mortgage fraud are piling up at record levels this year, and appear certain to shatter last year's record.
With the great mortgage rate and the higher tax credit, it may be a good timing for the potential home buyers to step in from the sideline. Although it may still be too early for certain areas in California (prices are still too high).
Earlier I reported on the always-surprising findings of our quarterly Homeowner Confidence Survey, which polls 1500+ U.S. homeowners about their perception of their own home’s value. Results show most homeowners are no longer in denial about whether their homes lost value in 2008 — 57 percent of U.S. homeowners say their home’s value declined over the past year, when in fact three-quarters ...